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Fannie Mae Ousts CEO, CFO Over Accounting
WASHINGTON (Reuters) - U.S. mortgage finance giant Fannie Mae (FNM.N: Quote , Profile , Research ) dismissed Chief Executive Franklin Raines and Chief Financial Officer Timothy Howard after accounting errors that will force a massive earnings restatement, sources said on Tuesday. The company's board met after the Securities and Exchange Commission last week agreed with federal regulators that there w...Blackjack basic strategy
Blackjack is still one of the most popular casino games. The reasons are two fold: the game is very easy to learn, and by using the correct blackjack strategy a player can reduce the casino's edge and sometimes get an advantage.Basic strategy is at the heart of winning blackjack. The player's ability to use a strategy and alter the plays made ...Federal Home Loan Bank of Indianapolis Announces Plan to Restate Its Financial Statements to Correct SFAS 133 Accounting
Friday August 19, 10:24 am ET INDIANAPOLIS, Aug. 19, 2005 (PRIMEZONE) -- Today, the Federal Home Loan Bank of Indianapolis (FHLBI) announced its plan to restate its annual financial statements for the years ended December 31, 2001, through 2004, its quarterly statements for 2003 and 2004, and for the quarter ended March 31, 2005. In light of today's announcement, these financial statements should not continue to be relied upon...Fannie Mae Shares Fall on Accounting Woes
WASHINGTON (Reuters) - Shares of U.S. mortgage finance giant Fannie Mae (FNM.N: Quote , Profile , Research ) tumbled on Thursday after the Securities and Exchange Commission said the company must restate earnings because of accounting problems. Shares in Fannie Mae stock opened at $68.00, down $2.69, or 3.81 percent, from a close of $70....AIG Admits Improper Accounting
By Chris Sanders and Paul Thomasch NEW YORK (Reuters) - American International Group Inc. on Wednesday acknowledged accounting errors that could stretch back 14 years, including its treatment of a deal with Berkshire Hathaway that is at the center of federal and state investigations. AIG's sweeping disclosures -- which included the possibility that it may be for...Back to Online Blackjack